2023 Form 5500 filing — Kessler Foundation 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240924095431NAL0012611601001) for Kessler Foundation 401(K) Savings Plan, reported by Kessler Foundation under EIN 31-1562134 and plan number 001. It reports 247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924095431NAL0012611601001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kessler Foundation
- EIN
- 31-1562134
- Plan number
- 001
- Location
- East Hanover, NJ
- Participants
- 247
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,728,766
- Net assets (EOY)
- $30,728,766
- Employer contributions
- $1,040,663
- Participant contributions
- $1,222,776
- Total income / additions
- $6,334,216
- Benefits paid
- $997,619
- Administrative expenses
- $46,018
- Total expenses
- $1,043,637
- Net increase / (decrease)
- $5,290,579
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $46,018 | $0 |
| Intac Actuarial Services Inc | OTHER SERVICES | $0 | $11,117 |